- The leading steel enterprises in Jiangsu Province have decreases scrap purchase price by RMB 50/t ($8) for all grades today.
- Price indication for HMS (6-10 mm) stands at RMB 4,140 ($643), inclusive of 13% VAT, delivered to headquarters.
- After continuous increment in prices, now company has reduced its buying prices due to drop in finished steel prices last week owing to fall in futures.
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